SEO Management AG acquired 5% stake in Landis+Gyr Group AG (SWX:LAND) from Kirkbi Invest A/S on July 4, 2024. With this acquisition, SEO Management becomes the second largest shareholder of Landis+Gyr. Landis+Gyr intends to propose to its shareholders in a virtual Extraordinary General Meeting (EGM) to elect Fabian Rauch, SEO's Co-Founder and Managing Partner, as a new member of the Board of Directors of Landis+Gyr Group AG. Peter Bason, KIRKBI's representative on the Board of Directors of Landis+Gyr Group AG, has informed the Company that he intends to resign from the Board with effect of mentioned EGM.

SEO Management AG completed the acquisition of 5% stake in Landis+Gyr Group AG (SWX:LAND) from Kirkbi Invest A/S on July 4, 2024.